Launch Credit Union
| Weiss Ratings |
Launch Credit Union
Merritt Island, FL |
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| Rating | ||||
| Asset Quality Index | 8.80 | |||
| Capitalization Index | 6.60 | |||
| Liquidity Index | 3.00 | |||
| Profitability Index | 5.30 | |||
| Stability Index | 5.90 | |||
| Company Info |
Launch Credit Union
Merritt Island, FL |
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| NCUA Charter Number | 2958 | |||
| Phone Number | (321) 455-9400 | |||
| Website | www.launchcu.com | |||
| Asset Quality |
Launch Credit Union
Merritt Island, FL |
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| 1-Year Asset Growth | 2.43% | |||
| 5-Year Asset Growth | 12.24% | |||
| 5-Year Charge-Offs to Average Loans | 0.41% | |||
| Charge-Offs to Average Loans | 0.49% | |||
| Non-Performing Assets to Assets | 0.26% | |||
| Non-Performing Loans to Capital | 2.77% | |||
| Non-Performing Loans to Loans | 0.34% | |||
| Balance Sheet |
Launch Credit Union
Merritt Island, FL |
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| Total Assets | 1.43B | |||
| Total Deposits | 1.18B | |||
| Capital and Reserves |
Launch Credit Union
Merritt Island, FL |
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| Capital | 129.35M | |||
| Leverage Ratio | 9.10 | |||
| Loan Loss Reserves to Loans | 0.80% | |||
| Liquidity |
Launch Credit Union
Merritt Island, FL |
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| Hot Money Ratio | 13.83% | |||
| Liquidity Ratio | 20.09% | |||
| Profitability |
Launch Credit Union
Merritt Island, FL |
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| 5-Year Return on Average Assets | 0.41% | |||
| Net Income | 4.77M | |||
| Net Interest Spread | 5.16% | |||
| Operating Profit to Average Assets | 0.92% | |||
| Overhead Efficiency Ratio | 82.39% | |||
| Return on Assets | 0.45% | |||
| Return on Equity | 5.05% | |||